California kids will miss their vaccinations. California toddlers will go without Head Start preschool. Workers will go on furlough from California military bases. These are some of the dire consequences that President Barack Obama outlined for the state on Monday if the automatic spending cuts from the sequester bill go into effect. “We cannot simply […]
Update: Barack Obama warns of kids going without vaccination and other severe effects of sequestration. There’s no question California will suffer if Congress can’t reach a budget deal. The “sequester” cuts scheduled to start March 1 would hit schools, health care, parks, transportation — just about anything connected to government. On Friday, U.S. Transportation Secretary […]
The glitch in California’s cap-and-trade program that you probably never heard about.
Think of it like a mushroom. Up near the top, there’s a big, fat cap of Baby Boomers; down below, the stem is struggling to hold up under the weight. USC’ Dowell Myers says The Day of Demographic Reckoning has come upon us. We share his thoughts because he’s the lead researcher on a recently […]
I hate to say it’s over, but I think there are going to be far fewer of these small [electric] start-ups. I don’t know how you break into that [market] unless you have technology that is way beyond what is currently existing.
If you’re in the market for a house or condo, first the bad news: real estate prices in the Bay Area are climbing, as much as 16 percent over last year in some areas. “We did have a brief window of opportunity—or now it seems brief, it actually lasted quite awhile—during the housing downturn where […]
by Don Thompson, Associated Press SACRAMENTO, Calif. (AP) — California’s jobless rate dipped below 10 percent last month for the first time since the recession began, the state announced Friday, signaling that the state’s economy may have finally turned the corner. The 9.8 percent unemployment rate reported by the Employment Development Department is down from […]
OAKLAND (BCN) Port workers who say they have gone 16 months without a new contract plan to go on strike Monday and Tuesday in Oakland. The Service Employees International Union 1021 has announced plans for a 24-hour strike starting Monday at 9 p.m. The strike will kick off Monday night at Oakland International Airport’s Terminal […]
(AP) Twinkies won’t die that easily after all. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won’t go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a […]
California will attempt to launch an honest-to-goodness carbon market on Wednesday, officially kicking off the state’s cap and trade program. It’s part of the landmark global warming bill, AB 32, signed back in 2006 by Gov. Arnold Schwarzenegger. This won’t be first cap-and-trade program in the world — Europe’s been trading carbon allowances for a […]